Funding round
Coda Seed
Coda, which works in digital monetization solutions development in Singapore, raised an undisclosed amount in a Seed round announced on 18 Dec 2012. 1 firm took part. It is Coda's first venture round on record.
Undisclosed
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Coda did not disclose a valuation in this round. It is Coda's first venture round on record, 1 year after it was founded in 2011. Coda raised again 85 months later: a Seed round of $4.0M in Jan 2020. Its next priced round, a Growth in Apr 2022, valued it at $2.50B.
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 38 venture-backed companies new investor
Comparable rounds
How it compares
8 Seed rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $1.8M. The closest in time, other companies' Seed rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 16 May 2013 | $2.0M | not disclosed | Founders Fund |
| Payment Processing & Point of Sale | 1 Jul 2013 | $1.3M | not disclosed | Wavemaker Partners |
| Payment Processing & Point of Sale | 19 Aug 2013 | $1.2M | not disclosed | not named |
| Plaid Payment Processing & Point of Sale | 19 Sep 2013 | $2.8M | not disclosed | Spark Capital |
| Payment Processing & Point of Sale | 30 Sep 2013 | $1.0M | not disclosed | eVentures |
| Payment Processing & Point of Sale | 2 Oct 2013 | $1.6M | not disclosed | ff Venture Capital |
| Payment Processing & Point of Sale | 14 Nov 2013 | $4.5M | not disclosed | Relay Ventures |
| Payment Processing & Point of Sale | 13 Nov 2013 | $2.6M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Coda raise in its Seed round?
Coda did not disclose the amount of its Seed round, announced in Dec 2012.
Which investors took part in Coda's Seed round?
Golden Gate Ventures.
What was Coda's valuation at the Seed round?
It was not disclosed.
Did Coda raise again after this round?
Yes: a Seed round in Jan 2020 of $4.0M.